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Politics : View from the Center and Left

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To: Mary Cluney who wrote (126897)	12/10/2009 7:52:49 PM
From: slacker711	Read Replies (1) of 541880

Yes you have responsibilities to yourself, to your family, and to your community. You have no responsibility to live within your means? None at all? Like I said, you have an absolutely incomprehensible viewpoint to me. I view people as having some control over their own lives. You seem to see them as these dumb sheep who can only hope that institutions dont take advantage of them. If you are right, no amount of regulation is going to help. If it isnt the banks, somebody else will come along and "force" them into terrible financial decisions. They can not take borrowed money and use 40 to 1 leverage to make bets that they can not pay back when the bet goes sour. They can not make loans to people who can not pay them back. Neither can people. Slacker

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